Revenue: As of FY2025 Q4, the actual value is USD 27.33 M.EPS: As of FY2025 Q4, the actual value is USD 0.29.EBIT: As of FY2025 Q4, the actual value is USD -15.86 M.<h4>Dividend Declaration</h4>On January 29, 2026, Avidia Bancorp, Inc. declared a dividend of $0.05 per share, scheduled to be paid on or about February 26, 2026, to stockholders of record as of the close of business on February 17, 2026.<h4>Net Income / Loss</h4>Net income for the fourth quarter of 2025 was $5.3 million, compared to $3.5 million for the fourth quarter of 2024, representing a 52.0% increase.For the year ended December 31, 2025, the net loss was - $3.3 million, compared to net income of $11.5 million for the year ended December 31, 2024, a decrease of 128.6%.<h4>Net Interest Income</h4>Net interest income for the fourth quarter of 2025 was $23.6 million, an increase of $177 thousand or 0.8% from $23.4 million in the prior quarter.For the year ended December 31, 2025, net interest income was $86.5 million, an increase of $13.2 million or 18.1% from $73.3 million for the year ended December 31, 2024.<h4>Non-Interest Income</h4>Noninterest income for the fourth quarter of 2025 was $3.7 million, a decrease of $810 thousand or 17.9% from $4.5 million in the prior quarter.Noninterest income was flat at $17.0 million for the years ended December 31, 2025 and 2024.<h4>Non-Interest Expense</h4>Noninterest expense for the fourth quarter of 2025 was $18.4 million, a decrease of $10.0 million or 35.3% from $28.4 million in the prior quarter.For the year ended December 31, 2025, noninterest expense was $87.8 million, an increase of $14.7 million or 20.1% from $73.1 million for the year ended December 31, 2024.<h4>Income Tax Expense (Benefit)</h4>Income tax expense for Q4 2025 was $2.4 million, compared to an income tax benefit of - $1.0 million in Q3 2025.Income tax benefit for the year ended December 31, 2025, was - $2.4 million, compared to an income tax expense of $3.9 million for the year ended December 31, 2024.<h4>Key Ratios</h4><ul><li>Net Interest Margin: Increased 11 basis points quarter-over-quarter to 3.54% for Q4 2025 from 3.43% in Q3 2025. It expanded 37 basis points year-over-year to 3.29% for 2025 from 2.92% for 2024.</li><li>Efficiency Ratio: 67.19% for Q4 2025, compared to 101.47% for Q3 2025 and 81.56% for Q4 2024. For the year, it was 84.78% for 2025 compared to 80.97% for 2024.</li><li>Return on Average Assets (annualized): 0.77% for Q4 2025, compared to - 0.13% for Q3 2025 and 0.53% for Q4 2024. For the year, it was - 0.12% for 2025 compared to 0.44% for 2024.</li><li>Return on Average Equity (annualized): 5.66% for Q4 2025, compared to - 1.14% for Q3 2025 and 8.07% for Q4 2024. For the year, it was - 1.22% for 2025 compared to 6.18% for 2024.</li></ul><h4>Balance Sheet Metrics (as of December 31, 2025)</h4><ul><li>Total Assets: $2.84 billion, an increase of $50.1 million or 1.8% from September 30, 2025, and $180.6 million or 6.8% from December 31, 2024.</li><li>Total Cash and Cash Equivalents: $145.5 million, an increase of $33.6 million or 30.0% from the prior quarter.</li><li>Total Loans: $2.30 billion, an increase of $23.7 million or 1.0% from the prior quarter, and $100.3 million or 4.6% from December 31, 2024. Loan growth was led by increases in commercial real estate loans ($8.5 million or 1.6%) and condominium association loans ($8.5 million or 1.7%) quarter-over-quarter.</li><li>Total Deposits: $2.13 billion, an increase of $48.7 million or 2.3% from the prior quarter, and $61.5 million or 3.0% from December 31, 2024. Deposit growth was primarily driven by the wholesale payments business, with NOW accounts growing $62.3 million, non-interest-bearing demand accounts increasing $17.0 million, and savings accounts up $8.4 million.</li><li>Total Shareholders’ Equity: $379.0 million, an increase of $7.0 million or 1.9% from the prior quarter.</li><li>Shareholders’ Equity to Total Assets: 13.36% as of December 31, 2025, compared to 13.35% at the prior quarter-end and 7.30% at December 31, 2024.</li><li>Tangible Shareholders’ Equity to Tangible Assets (non-GAAP): 12.99% as of December 31, 2025, compared to 12.98% at the prior quarter-end and 6.88% at December 31, 2024.</li></ul><h4>Asset Quality (as of December 31, 2025)</h4><ul><li>Allowance for Credit Losses: $22.0 million, or 0.96% of total loans, compared to $24.3 million, or 1.07% of total loans, at September 30, 2025.</li><li>Provision for Credit Losses on Loans: $1.4 million in Q4 2025.</li><li>Net Charge-Offs: - $3.7 million, or - 0.65% annualized during Q4 2025, compared to - 0.11% in Q3 2025.</li><li>Non-Performing Loans: Totaled $20.2 million, an increase of $2.6 million from Q3 2025, primarily due to a $6.1 million increase in non-performing commercial real estate loans, partially offset by decreases in non-performing commercial loans (- $1.4 million) and non-performing construction loans (- $2.5 million).</li><li>Total Non-Accrual Loans to Total Loans: 0.88% as of December 31, 2025, compared to 0.77% as of September 30, 2025.</li><li>Non-medical office exposure: $89.3 million or 3.9% of gross loans at December 31, 2025, with $71.4 million excluding owner-occupied properties.</li></ul><h4>Outlook / Guidance</h4>No specific forward-looking statements or guidance were provided in the report, beyond general disclaimers about forward-looking statements.

Avidia Bancorp | 8-K: FY2025 Q4 Revenue: USD 27.33 M